IKN

Tis rigor and not law

Lithium X (LIX.v): I knew I’d get one of these

This from reader “GW” tonight, with the extra special parts bold-typed and underlined by this humble corner of cyberspace:
Hi Otto,

Only recently found your blot… wish I had much sooner though. BTG looks like it was a great call.

I’m
not an expert on these matters, but with respect to your latest LIX.V
blog entry on Tim Young’s shares… I notice the price is “deemed”…
which I think means they were acquired for not-cash and that is just the
market price on the date of the transaction… or some moving average.

I notice the numbers match up pretty good with these:
https://finance.yahoo.com/news/lithium-x-completes-acquisition-cvl-233200473.html

So…
I am guessing he was somehow involved in the prior ownership of that
property… though i also notice some company called Clayton Valley
Something Something got shares at $0.15 during the first capital
raise… so one would think that was somehow related to that property as
well.

Anyways, to me not as bullish as it would have otherwise seemed… I think?

I
know it’s a garbage company, but I’m tempted nonetheless because it
probably goes higher.
.. it’s one of the only pure lithium plays that
doesn’t have a ridiculous share count… or a huge market (deservedly so
— they have nothing!) but that means it can move.

Appreciate any further thoughts you may have.

At risk of repeating myself, one perspective on this is: it’s not about being “right” (or righteous), it’s about making money.

For the record, reader “GW”, I’m sick to the back teeth with shits like you, you’re a thousand times worse than the people you enable such as Giustra and represent everything that makes me vomit about the Canadian juniors scene. Go fuck yourself forever.

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